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Money
AUB Fund records 200% of its capital
Ahli United Fund achieved EGP 220 million in public offering wealth, which is the double value of the initial…
Al-Futtaim borrows EGP 2 billion from 5 banks next April
Al-Futtaim Group will borrow EGP 2 billion from 5 banks, the most important of which is the loan-arranger HSBC,…
IPEC signs a USD 850 m syndicated loan
Abu Dhabi's International Petroleum Investment Company has signed an $850 million, three-year syndicated loan with…
NBE opens a new branch in El Tagamu El Khames this month
National Bank of Egypt (NBE) plans to establish a branch in El Tagamu El Khames this month; by this the Bank will…
ICBC: China’s biggest banks increased loans in first two months
New lending at China’s four biggest banks rose by about 20 billion yuan ($3.2 billion) in the first two months…
World Bank: poverty rate fell in 2005-2008
The number of people living on less than $1.25 a day declined between 2005 and 2008, World Bank report said. An…
Data employees threaten to sit-in in at NBE’s headquarter next Sunday
154 of the employees working in data updating unit in National bank of Egypt (NBE) warned that they would hold a…
ADIB named the ‘Best Islamic Bank in the UAE’
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, has been named the 'Best Islamic Bank…
CBE offers 273-days treasury bills with EGP 3.5 billion
Central Bank of Egypt, on behalf of Ministry of Finance, offers 273-days treasury bills in value to EGP 3.5…
Bank for Development and Agricultural Credit establishes 25 Islamic banking branches
Dr. Mohsen El-Batran, Chairman of Principal Bank for Development and Agricultural Credit, said that the Bank will…